3911 E Broad St - Take 5 Car Wash
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3911 E Broad St - Take 5 Car Wash
4,380 SF Speciality Building Offered at £2,614,721 at a 6.50% Net Initial Yield in Whitehall, OH 43213
Investment Highlights
- 20-Year Triple-Net (NNN) Lease with +/- 14.75 Years Remaining | Zero Landlord Responsibilities
- Low Rent & Low Price Point | Priced Below Replacement Cost
- Well Situated Asset | Site Located 5.5 Miles East Of Downtown Columbus & In Direct Proximity Of John Glenn Columbus International Airport
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for a Take 5 Car Wash located at 3911 E Broad Street in Whitehall, Ohio. The site consists of roughly 3,500 rentable square feet of building space on estimated 0.92-acre parcel of land. This Take 5 Car Wash is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 19th, 2019. The rent is scheduled to increase by 1.75% annually throughout the base term and in each of the 4, 5-year renewal options.
Property Facts
Price | £2,614,721 | Building Class | B |
Price Per SF | £597 | Lot Size | 0.92 AC |
Sale Type | Investment | Building Size | 4,380 SF |
Net Initial Yield | 6.50% | Number of Floors | 1 |
Property Type | Speciality | Year Built | 2016 |
Property Subtype | Car Wash | Parking Ratio | 6.85/1,000 SF |
Price | £2,614,721 |
Price Per SF | £597 |
Sale Type | Investment |
Net Initial Yield | 6.50% |
Property Type | Speciality |
Property Subtype | Car Wash |
Building Class | B |
Lot Size | 0.92 AC |
Building Size | 4,380 SF |
Number of Floors | 1 |
Year Built | 2016 |
Parking Ratio | 6.85/1,000 SF |
PROPERTY TAXES
Parcel Number | 090-008404 | Improvements Assessment | £821,768 |
Land Assessment | £95,145 | Total Assessment | £916,913 |
PROPERTY TAXES
Parcel Number
090-008404
Land Assessment
£95,145
Improvements Assessment
£821,768
Total Assessment
£916,913
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3911 E Broad St - Take 5 Car Wash
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